Crestyl appoints new CEO image
STORY OF THE DAY
Crestyl appoints new CEO

Story of the week

News Crestyl appoints new CEO
07
Nov
2024

Crestyl appoints new CEO

by Forum Property
For the first time in almost thirty years of Czech development group Crestyl, the person in the position of international CEO is changing. Simon Johnson, who has held the position of COO of the group for the past 14 years within Crestyl and also acted as executive director for the Czech Republic, is taking over the management of the entire group.
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Investment

News EBRD green housing Poland PRS rental residential TAG Vantage Development
08
Nov
2024

EBRD lends €100 million to Vantage for green housing in Poland

by Forum Property
The European Bank for Reconstruction and Development has issued a €100 million loan to the Polish subsidiaries of Vantage Development, a residential-for-rent developer and operator, ultimately owned by Germany’s TAG Immobilien.
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Immofinanz signs green loan for Warsaw Spire Prague city real estate portfolio gains value Polish investment market experiences revival

Industrial

News CTP Czech Republic industrial
07
Nov
2024

CTPark Chomutov expands with Czech company

by Forum Property
CTP has signed a lease with Czech company BOUKAL for almost 3,500 sqm of modern space at CTPark Chomutov in the Czech Republic, with plans to create dozens of new jobs and strengthen the regional economy.  
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DHL opens first fully automated warehouse in CEE Panattoni launches construction of BTS near Warsaw CTP’s rental income up 18.2% by Q3 2024

Career

News 108 Real Estate Balkans Dario Tomljenović industrial Jakub Holec SEE
07
Nov
2024

108 Real Estate expands into Balkans region

by Forum Property
Czech property consultancy 108 Real Estate has announced the opening of a new office in Zagreb covering Slovenia, Serbia and Croatia as part of its expansion in the Balkans.
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ČMN appoints new Head of Property C&W appoints new Associate in Prague C&W names new Head of Retail Tenant Representation

Retail

News Bucharest Cluj-Napoca Dana Radoveneanu retail Romania
07
Nov
2024

Romania’s long term retail pipeline reaches 800,000 sqm

by Forum Property
The retail market in Romania has room for growth, considering that short-to-long term pipeline exceeds 800,000 sqm, consisting of projects under construction or in different permitting stages, which are due to be completed by the end of the decade. 
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Square 7 Properties and Mitiska REIM complete €19 million retail park in Pitești WOOD & Co opens shopping centre extension in Bratislava Park Lane Developments & Mitiska REIM to develop retail park in Sofia

Report

News BuiltMind Czech Republic Prague report residential
07
Nov
2024

Prague residential market expects rising prices

by Forum Property
The offer of new residential buildings in Q3 2024 in Prague has decreased slightly, reports BuiltMind in its quarterly analysis of Prague residential segment. However, outlooks are optimistic, thanks to stable inflation and declining rates.
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Czech real estate investors grow confident Retailers have a big appetite for development Prague reports employees back in office

Residential

News Czech Republic Prague PSN residential
06
Nov
2024

PSN completes small-scale housing project in Prague

by Forum Property
PSN has obtained the approval for building use of the Skyline project in Prague's Chodov with small residential units. The project has been developed as the reconstruction of a part of the Top Hotel. 
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Corwin reveals details of project by Snøhetta in Slovenia PRS brands in Poland strive to build relationships with tenants Bellmonde accelerates sales for resi project near Bucharest

Economy

News CEE economy election Trump
06
Nov
2024

Trump is back: What this means for CEE real estate

by Csürös Csanád
Donald Trump has secured the necessary electoral votes to secure a second term, raising questions about how his presidency will influence real estate markets in Europe and CEE.
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Trump presidency: A nightmare for CEE economies CEE economic convergence: A success story with challenges ahead Hungary's construction sector shows signs of rebound

Office

News Axi Immo office Poland Warsaw
05
Nov
2024

Developers return to Warsaw office market

by Forum Property
Developer activity in the Warsaw office space market is progressively increasing. More than 70,000 sqm finished by the end of September 2024 and around 280,000 sqm under construction in the coming years demonstrate that investors and developers are moving the industry forward. Take-up stays steady at roughly 490,000 sqm in Q1-Q3 2024. Axi Immo summarizes the present condition in the capital's office market. 
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Office pre-leases make a comeback in Warsaw Warsaw office market remains stable Romania among most cost-effective markets for office fit-outs

Hotel

News construction Croatia EECFA Michael Glazer SEE Tatjana Halapija
28
Oct
2024

Higher hotel income in Croatia to boost construction sector

by Forum Property
Croatia’s revenue in the tourism sector rose by 8% year-on-year to August 2024, which might have an impact on the hotel construction activity. 
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Radisson Blu Hotel Bucharest completes €1.6 million investment Forestay Group to deliver Moxy Budapest hotel in early 2026 Hotel Co 51 brings Marriott's second Element hotel to Europe

Interview

News interview Poland PRS residential retail retail park Trei Real Estate
24
Oct
2024

Now is the time of retail parks

by Michał Poręcki
Jacek Wesołowski, Managing Director of Trei Real Estate Poland, has talked to Property Forum about the rising popularity of retail parks in Polish cities, the expansion in the PRS market and the challenges for the coming years.
Read more >
Romania’s retail market sees increased demand for experiential shopping Energy efficiency isn’t just about photovoltaic panels or heat pumps Top legal expert sees shorter lease terms and clauses for more adaptive occupancy options

New leases

  • The Alsendo company has decided to lease 1360 sqm of space in Plac Unii in Warsaw for its office. Invesco Real Estate, the owner of the complex, was represented by Colliers in the transaction. Alsendo was advised by Savills.
  • Poland's only outlet store of the Italian brand Boggi Milano has opened in Designer Outlet Warsaw. On approximately 170 sqm, customers will find a large selection of men's formal and casual clothing.
  • Sii Poland has extended its lease agreement at West 4 Business Hub I in Wrocław for another five years. The company occupies approximately 2,300 sqm in the office building.

New appointments

  • Bartłomiej Polnik has joined Savills as Associate Director, Senior Project & Development Manager PRS & Living Sectors in the PBC department.
  • Katarzyna Chwalbińska-Kusek has taken on the role of business line head specialising in complex ESG consulting and will lead a multidisciplinary team of experts at Baker Tilly TPA.
  • Corees Polska announces the addition of Anna Shpatakova to the team as Associate Director. She will be responsible for providing comprehensive advice to office and industrial tenants.

Latest news


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